Latest posts of: Rebecca Bragaa

It's good news for the reason that at least Bitcoin has been legitimized in Korea. Many countries hasn't known what to do with it. Others even ban its existence.
I'd like to consider Bitcoin as an asset. It won't become a currency until it finds way to stablize its price.

Bitcoin is a money laundering tool for criminals because it has such great features as:
- Anonymity: Although transactions are public, the Bitcoin address owner is not explicitly identified.
- Liquidity: Bitcoin holders can quickly convert Bitcoin to cash, gold or other assets at extremely low costs without the need for a third party to process and process the transaction.
- Confidentiality: Almost every transaction inspection process is not applicable to the Bitcoin system.
- High value: Not affected if inflation occurs, Bitcoin prices continue to grow over time.
- Network connection: Bitcoin transactions are encrypted through the Internet. This is the stalking environment of hackers.

Bitcoin isn’t really like anything else thanks to the blockchain technology that powers it. It’s also treated differently than other types of currencies and commodities because we’re still not sure what it’s actually for. That leads to a lot of instability. Unlike other types of investments, like stocks or gold, Bitcoin trading never stops, either. There are no market hours. Instead, you get non-stop 24/7 trading, which means even more fluctuations in Bitcoin’s value and less stability day-to-day.

As far as I know, HTC Vive founder Phil Chen has announced the upcoming project at the Consensus Conference in New York City. Chen emphasized that the upcoming phone will support many blockchain protocols, such as Bitcoin, Ethereum, Lightning Network (LN), and the Dfinity network.

You can spend your bitcoin anywhere visa/mastercard is accepted via a bitcoin debit card, right?

Some countries completely forbid Bitcoin.
They claim it is very close to a currency. One noteworthy example is Iceland, which has the largest Bitcoin digging industry in the world, but people are not allowed to buy Bitcoin.

Bitcoin was born in 2008 when its predecessor, nicknamed Satoshi Nakamoto, published a document describing a peer-to-peer digital system called bitcoin. Nakamoto then left the project in 2010 and disappeared. The birthday of the bitcoin is January 3 when Nakamoto has 50 first bitcoin units.

Bitcoin is a perfect tool for money landering because no one will track your transactions and personal information. So if criminals want to hide, Bitcoin will benefit.